Course and condition specific wedges may be a strategy you want to consider. Tight lies, hard turf, and firm bunkers suggest low bounce wedges. Soft turf, fluffy lies, and soft sand call for more bounce. I doubt weâll ever know what the bounce or grind was on the wedge Tiger used on Oakmontâs third hole yesterday.
Definition - What does Fixed Success Fee mean? Fixed success fees are a predetermined amount for the work performed by an investment banker or M&A advisor to complete a transactions. Fixed success fees may be appropriate in situations where the banker can estimate the total amount of work (or hours) that will be required to complete the engagement.
The fee is a percentage of the total money recovery, either from a settlement or a jury verdict following a successful trial. The typical industry standard is somewhere between 30% and 45%. That is, the lawyer will charge anywhere from 30% to 45% of the total recovery. The percentage fee for any given case is always negotiable, and will depend on the details of the case and the likely cost of pursuing it.